News
Appeals Court First to Rule in Favor of Coverage for COVID Shutdown
The attorney who filed the first U.S. lawsuit seeking insurance coverage for a business shut down because of coronavirus won the first policyholder victory in a state or federal appellate court that ...
Executives on the Move at Ascot, GuideOne, PartnerRe
Ascot has promoted Elizabeth Johnson to chief operating officer, North America Insurance. Johnson joined Ascot in September 2020 as chief underwriting officer, North America. Prior to that, she was ...
Gunmaker Sig Sauer Sued by Veteran Claiming Pistol Goes Off by Itself
A pistol made by Sig Sauer and sold to law enforcement and civilians alike is prone to going off without the trigger being pulled, a defect that has led to dozens of injuries over the past several ...
Nasdaq Urges SEC Not to Move Ahead With Climate Disclosure Plan
Nasdaq Inc. is pushing back against the U.S. Securities and Exchange Commission's plans to make publicly traded companies reveal detailed information about their greenhouse gas pollution. The ...
Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability
The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according ...
Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme
Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, ...
Tesla Leads in Driver-Assisted Technology Crashes: NHTSA
Tesla Inc. reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday. ...
Executives on the Move at Lemonade, Liberty Mutual
Lemonade has appointed former N.Y. insurance regulator Scott Fischer as its first head of Government Relations. He will provide strategic counsel regarding laws and regulations impacting the company ...